GW — GW That is quite a compliment. I thank you much. But now, you have really got me wondering??? What the heck did I say? You must tell me. Use a PM if you like. Seattlerust

No Brainer Trades

Shorting the USDCHF — For those who are looking for a short here, note that the Swiss Central Bank just cut their interest rates a very surprising 100 bp overnight. That will weaken the swissy realtive to the USD and we are seeing the results ...

No Brainer Trades

EURJPY & EURUSD — Both trades were taken pretty much for the same reasons. Unfortunately, the E/J was taken in early enough to pay and the E/U was not. So, win one and lose one. The E/J (entry = 119.96) has an ATR of about 356 and has ...

No Brainer Trades

USDCHF — Its certainly possible, Libb. The things I am thinking about here are (1) price has moved over 200 PIPs today and ATR is 115. So it is tired and might just stay here and consolidate until the European open tonight. So, even if you did ...

No Brainer Trades

Breakout — GW, OK, so my previous tounge-in-cheek fell flat. Sorry. What we have here is called a triangle in a downtrend. There are many different patterns like this; triangles, descending and ascending triangles, descending and ...

No Brainer Trades

Pattern — A Breakout, GW.

No Brainer Trades

EURJPY — I see some of you are chatting on the E/J and thought I would toss out some observations just to keep myself awake (West Coast time zone). Obviously, we are showing a large triangle which says that there will be a breakout soon since ...

No Brainer Trades

EURUSD — I have been watching the E/U all morning too and am beginning to agree that it might not reach the 1.2737 level today. ATR is in the low 200s (237 with a 5 day period) and playing it at the 2703 level, while a nice resistance with the ...

No Brainer Trades

Watching Grass Grow — Hi, You didn't mention what time of day you were referring to in your post, which could be quite pertinent. The volatility in these markets will vary for all sorts of reasons, one of which is the time of day. For ...

No Brainer Trades

EUR/JPY — Hi Tori, A couple of things to keep in mind in a case like this. (1) The overall trend and the fundementals bias this to the downside; (2) price is seeming to consolidate and always remember, the market will tell us when it is ready ...

No Brainer Trades

Fibs on the EUR/CHF — GW, I use Fibs a lot; have for years and have a great deal of respect for them. Actually learned from Larry Pesavento, IMHO, the best practitioner trading today. Re: the E/C, I would not draw the Fibs as you did. I would ...

No Brainer Trades

AUDUSD — There may be some attempts at intervention on the AUSSIE that is in play here, but just observing the technicals, we should note the inverted Head & Shoulders that is present on the larger (4H and Daily) time frames. This is a ...

No Brainer Trades

vHands — I have been using a product called Forex Tester for a few weeks. It is much, much better than vHands; much easier to setup, use, etc. Before going to all the effort to set up vHands (it is a real bear for setting up in multiple ...

No Brainer Trades

Trade Management — Hi Wiz, There are numerous ways to manage trades and moving to break even after taking half ot the lots off is one. But, there are also a couple of ways to look at break even. Consider this as a possible tweak: Assume that ...

No Brainer Trades

TSR — Good examples of the TSR, 4X4. I also really like your long trade here. It is a great example of a bucket trade. I also note that a Gartley trade could set up here for a short at about 1.6274. This will also have confluence with the ...

No Brainer Trades

True Support Resistance — Lets hear it for TSR

No Brainer Trades

Buckets — Perhaps stepping back a moment and recalling what this thread is all about, will help. By that I mean that the basis of all we do here is Support and Resistance. So. The "inside" of the bucket wants to be either a recognizable ...

No Brainer Trades

DLLs — Thanks, OP That does the trick. SR

VHands Trading Simulator

Feedback — The problem that was solved (see last post) was the ability to download the new zip files and contents. Here is the latest feedback in my efforts to get the MTF up and running. All appears to be well in following the new ...

VHands Trading Simulator

mtfvhands.zip — Problem has been solved. Sorry for any inconvenience. Seattlerust

VHands Trading Simulator